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Answer

Correct Option is 16.8%, 7.2%

Solution:Value and volume of banknotes in circulation increased by 16.8% and 7.2% respectively in 2020-21: RBI. The Reserve Bank of India on 27th May said banknotes in circulation witnessed higher than average increase during 2020-21, on account of precautionary holding of cash by people due to the COVID-19 pandemic, and its prolonged continuance.
The value and volume of banknotes in circulation increased by 16.8 per cent and 7.2 per cent, respectively, during 2020-21, as against an increase of 14.7 per cent and 6.6 per cent, respectively, witnessed during 2019-20.

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